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VeriSign, Inc. (Nasdaq: VRSN), operates intelligent infrastructure services that enable and protect billions of interactions every day across the world’s voice and data networks.

VeriSign Reports Q3 2005 Financial Results

VeriSign, Inc. (Nasdaq: VRSN), reported its results for the third quarter ended September 30, 2005. VeriSign reported revenue of $415 million for the third quarter of 2005, a 28 percent increase compared to the same period of 2004. On a GAAP basis, VeriSign reported earnings per share of $0.17 per fully diluted share. On a non-GAAP basis, using a 30% effective tax rate on non-GAAP pre-tax income of $102 million, earnings per share for the third quarter was $0.27 per fully diluted share.
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Non-GAAP Reconciliation

Recent Events

VeriSign Completes Sale of Payment Gateway Business to eBay
VeriSign completed its previously announced sale of its payment gateway business to PayPal, an eBay company, on November 18, 2005. In accordance with the terms of the asset purchase agreement announced on October 10, 2005, PayPal paid $370 million in cash to VeriSign upon closing of the transaction
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VeriSign Reports Q2 2005 Financial Results
VeriSign reported its results for the second quarter ended June 30, 2005. VeriSign reported revenue of $445 million for the second quarter of 2005, a 74 percent increase compared to the same period of 2004. On a GAAP basis, VeriSign reported net income of $41 million for the second quarter 2005 and earnings per share of $0.15 per fully-diluted share. On a non-GAAP basis, using a 30% effective tax rate on non-GAAP pre-tax income of $105 million, earnings per share for the second quarter was $0.27 per fully-diluted share.
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VeriSign Analyst Day 2005
VeriSign, Inc. hosted its 5^th Annual Analyst Day on May 19, 2005, for analysts and institutional investors.
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